This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

DryShips Sees an Upgrade

NEW YORK ( TheStreet) -- DryShips (DRYS - Get Report) received an upgrade to "buy" from "hold" late Tuesday by Nordea Equity Research analyst Axel Styrman, according to Bloomberg data.

Styrman raised his target price on the Greek dry bulk shipper to $2.10 from $2 on DryShips shares, which were up 1.10% to $1.84 Wednesday.

Styrman's report could not be obtained, and the Oslo-based did not immediately respond to an email message Wednesday. His upgrade comes after shares of the dry bulk shipper were dropped to "neutral" from "buy" by Swedbank First Securities analyst Erik Folkeson earlier this month.

According to a Bloomberg rating scale of one to five, with five being the highest, analysts give DryShips a rating of 3.17, compared to a sector average of 3.89.

-- Written by Dan Freed in New York.

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
DRYS $0.69 0.00%
AAPL $128.95 0.00%
FB $78.99 0.00%
GOOG $537.90 0.00%
TSLA $226.03 0.00%

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs